# The State Bank of Vietnam is about to swap nearly 49 trillion VND worth of foreign currency.

> The State Bank of Vietnam plans a USD/VND swap on November 6 with a 182-day maturity and a maximum size of $2 billion, with a spot buying rate of 24,399 VND/USD and forward selling rate of 24,704 VND/USD. If fully used, it would inject nearly 49,000 billion VND into the banking system, far longer than the 7-21 day swaps used earlier in 2026.

- Date: 2026-11-04 · published 2026-11-04T21:10:04.685Z
- Category: macro · region Vietnam · magnitude low
- Page: https://feedsoft.ai/events/80488-the-state-bank-of-vietnam-is-about-to-swap-nearly-49-trillion-vnd-worth-of
- Commodities: [Vietnamese Dong (VND per USD)](https://feedsoft.ai/c/USDVND.md)

## Why it matters

The longer tenor signals a sustained effort to support the dong and provide VND liquidity, which can ease pressure on local currency and funding costs for Vietnamese feed importers and processors.

## Read by commodity

- USDVND: bearish ▼

## Sources

- vietnam.vn: https://www.vietnam.vn/en/ngan-hang-nha-nuoc-sap-hoan-doi-ngoai-te-gan-49-000-ty

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.